On top of restructuring, the U.S. Treasury wants General Motors to get its paperwork in order for a bankruptcy plan. Marketplace's Dan Grech explains to Steve Chiotakis what GM is hoping for out of this parallel process.
General Motors is putting some of its classic cars on the auction block today for the second time this year. The move saves GM on warehouse costs and makes some cash on the solid classic car market. Joel Rose reports.
GM wants to take advantage of a section of bankruptcy code that would allow it to sell its top-performing assets and brands to a new GM right away. Jeremy Hobson reports why that's seen as a better option than selling the company in pieces.
As its competitors drive towards bankruptcy, Ford is planning to retire $9.9 billion in debt and cut nearly $500 million out of its interest expenses this year. Will the automaker's rivals be able to do the same? Jeremy Hobson reports.
Saab meets with its creditors today, and GM has made it clear in the past they've wanted to dump the company. But the company outlook is very optimistic. Steve Chiotakis talks to Marketplace's Stephen Beard about why.
Delphi officials are in Washington trying to discern GM's role in helping the company come out of bankruptcy protection. Renita Jablonski talks to Marketplace's Steve Henn about why Delphi's situation is tricky.
Manufacturing company 3M is facing more layoffs, a move Honda is trying to avoid by offering buyouts and sweetening retirement packages. But Jeremy Hobson reports why it may be hard for the automaker to avoid such a move.
New General Motors CEO Frederick Henderson says more plant closures and layoffs can be expected, and bankruptcy is 'more probable.' Kai Ryssdal speaks to car dealer Cyndie Mynatt about how GM's woes are affecting her business.